B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,420 shares of the communications equipment provider’s stock, valued at approximately $6,034,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. MFA Wealth Advisors LLC purchased a new stake in Motorola Solutions during the 2nd quarter valued at approximately $25,000. Beacon Capital Management LLC boosted its position in shares of Motorola Solutions by 71.8% during the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 28 shares during the last quarter. LRI Investments LLC grew its stake in Motorola Solutions by 871.4% during the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 61 shares in the last quarter. Crewe Advisors LLC bought a new stake in Motorola Solutions in the 1st quarter valued at $28,000. Finally, Triad Wealth Partners LLC purchased a new stake in Motorola Solutions in the 2nd quarter worth $29,000. Institutional investors own 84.17% of the company’s stock.
Analyst Upgrades and Downgrades
MSI has been the topic of several research reports. JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Barclays lifted their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Bank of America increased their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Jefferies Financial Group boosted their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Buy” and an average target price of $493.43.
Motorola Solutions Trading Down 0.6 %
Shares of MSI opened at $487.46 on Wednesday. The company’s fifty day simple moving average is $462.39 and its 200-day simple moving average is $417.32. The company has a market cap of $81.46 billion, a P/E ratio of 53.39, a P/E/G ratio of 4.02 and a beta of 0.97. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. As a group, analysts expect that Motorola Solutions, Inc. will post 12.48 EPS for the current year.
Motorola Solutions Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is 42.94%.
About Motorola Solutions
Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.
See Also
- Five stocks we like better than Motorola Solutions
- Canada Bond Market Holiday: How to Invest and Trade
- Super Micro Computer Soars 28%: Is It Really Out of the Woods?
- Profitably Trade Stocks at 52-Week Highs
- Traders Are Flocking Back to Oil: What’s Fueling the Optimism
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- 3 Hot Stock Trends to Ride Into 2025
Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Free Report).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.